CUPERTINO, Calif. -- Apple is on the verge of becoming the first American company to reach a market value of $1 trillion.
Apple's stock rose 13-percent this month, thanks to a better than expected earnings report. It's market value increased even more after Warren Buffet announced he bought 75 million additional Apple shares in the first quarter.
[Ads /]
The company hit an all-time high on Monday with a value of about $940 billion.
By comparison, Alphabet, Google's parent company, is worth about $750 billion. Facebook is around $515 billion.
[Ads /]
Click here for more stories on Apple.